Nigeria may wait for the next five years for increased oil production despite the rollout of $22 billion worth of new oil and gas projects by major industry players, including Shell ...

U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey’s southeastern Diyarbakir Basin, the Turkish energy minister said. Continental Resources ...

Corrosion appeared to have led to an oil spill from a Palau-registered vessel while it was in Guyana to uplift a consignment of rice, according to well-placed sources. Investigators said about 200 ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. An oil tanker is moored at the Sheskharis complex ...

CAPE TOWN (Reuters) - Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's deep-water Benguela Belize Lobito Tomboco (BBLT) oil platform ...

LONDON: Oil inched lower on Monday, weighed down by Moody's downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China's industrial output and retail sales.

Forecasters trimming expectations for U.S. shale output after prices fall US crude production could decline if prices in $50s, Conoco chief says Oil below $60 means lower investment, unmet power ...

SINGAPORE, May 20 (Reuters) - Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has ...

BISMARCK, N.D. (KFYR) - Due to its shale composition and limited pore space, oil extraction is difficult in the Bakken. The North Dakota oil industry is rapidly researching and implementing ...

MANILA – Oil companies announced big-time price increase in fuel prices starting May 20. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell said they will hike prices of ...

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